The Tradetech Daily

BNP Paribas

BNP Paribas

BNP Paribas provides a centralised Pan-Asia program trading (PT) desk in Hong Kong with the ability to cover a full range of clients and trade electronically into almost every Asian market. In addition the firm works closely with its facilitation desk to provide risk basket pricing.

Clients can select a range of services including those related to exchange-traded funds (ETFs), including creations and redemptions, and exchange for physical requests.

Liquidity

BNP Paribas’ PT and sales trading teams interact to
find liquidity for trades, while trades between all parts of BNP Paribas,
including the sales trading, PT, and electronic desks can be matched in its BIX
dark pool for inside-spread crossing.

The firm’s PT desk executes for a range of passive and
active clients, including ETF-linked trading and index rebalance trades. PT
represents a substantial portion of the firm’s equity volume.

Tools

BNP Paribas offers pre- and post-trade tools that it uses in partnership
with its clients to help them meet their execution goals. BNP Paribas can
provide a bespoke multi-asset class transition service with the aim of
minimising implementation costs

Capital commitment

BNP Paribas leverages its derivative modelling and
pricing expertise to provide competitive prices for risk portfolio trades
across all markets.

Post-trade

BNP Paribas offers one counterparty and middle office resource across
all products and countries in the region.

Future plans

The company will continue to work closely with other execution channels and asset class teams within BNP Paribas to provide a holistic solution to clients’ execution needs.